CYBER – Page 5
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NewsAviva forms new partnership to roll out suite of cyber products
’It will play an important role in helping our customers improve their security capabilities,’ says head of cyber
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NewsSecurity ratings becoming a ‘bigger part’ of insurers’ growth strategies
Security ratings have a ’dual benefit for insurers and the brokers that act on behalf of insureds,’ says vice president
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NewsSuperscript launches new initiative to aid crypto miners access property insurance
Account manager says tough 2022 made it more evident that there is a ’need for comprehensive insurance’
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NewsWarning for SMEs as insurers worried about ‘huge’ cyber exposures
’The challenge for insureds is to try and understand the risks,’ says manager
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NewsCyber insurance provider Cowbell announces new manager as UK operations launch
The international firm’s new operations will be piloted by CFC’s former cyber team lead
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NewsLimited use of cyber insurance for public financial entities as new policy comes into force
’It’s quite costly for them,’ says associate
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NewsRyan Dodd: Parametric solution ‘wasn’t the intent, it was the result’
The founder and chief executive of Intangic believes its new cyber insurance policy can ‘ease some of the headache’ for risk managers
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NewsNew MGA unveils parametric cyber cover with Axa XL backing
The policy is a ’simple and innovative solution to a complex problem’, according to Axa XL’s UK and Lloyd’s chief underwriting officer
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NewsBriefing: Cyber clarity move may encourage underwriters to byte
Although the insurance industry may not have the ‘muscle memory’ to react to a major cyber event, Lloyd’s of London’s attempts to clarify cover around state-backed attacks could present opportunities for brokers
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NewsCyber criminals take aim at geopolitical targets and IT supply chain – CyberCube
Financial services which includes insurance remains one of the most heavily targeted industries according to CyberCube’s report
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News Analysis‘Cyber and technology risks’ pose ‘key challenges’ for aviation sector
Airlines must ensure that ‘hull and liability insurance dovetails’ with cyber cover to ensure well rounded risk protection from cyber attacks, says broker
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NewsUK SMEs sent cyber warning after decoys hit by international criminals
‘Homeworking has widened businesses’ attack surface,’ says UK security researcher
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News AnalysisThe Big Question March 2023: What will the cyber insurance market look like this year?
Cyber cover is a big topic on the UK insurance industry’s lips - from changes in policy wordings to emerging threats. Insurance Times asks five leading professionals about what the market can expect in 2023
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NewsRansomware could be ‘potential wrecking ball’ for businesses amid Royal Mail $80m ransom
Reports suggest that Royal Mail has refused to pay the ransom
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NewsBiba calls for government intervention as SMEs face ‘very real’ cyber risks
The broker trade body and cyber underwriter CFC have teamed up to improve the cyber landscape amid reports of low penetration of cover
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NewsRisk managers note concerns over sensitive data stored by cyber insurers
Cyber underwriter CFC is adamant that it protects client data to a sufficient degree, however
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NewsFirms must brace for cyber threats as working from home compounds risk – Aon
A global shortage of cyber security skills is projected to continue in the next three years, according to the broker
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News AnalysisBriefing: Insurers debating ‘if they want to play’ in cyber market despite ‘huge protection gap’
With cyber cover premiums ‘up almost 200%’ in aggregate, cyber insurance could be a profitable area for insurers willing to dip their toes into constantly choppy and changing waters
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NewsProperty and cyber markets must get on same page to prevent cover ‘gap’ for cyber-related physical losses
Confusion around cyber exclusions may have stemmed from Lloyd’s clampdown on clearly defining physical and intangible risks
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NewsCyber attack hits 10m JD Sports customers
The sportswear retailer can expect fines in the realm of £17.5m or 4% of annual turnover, says law firm partner
